In This Issue
Building A Long Term Position in Headline-Making Markets
Spread Trading Strategies for Index Futures
Economic Reports and Expiration Notices
by Jonathan Day, Senior Broker, Cannon Trading
Traders are constantly bombarded with news from television, newspapers, radio and the internet regarding markets that are either skyrocketing or plummeting.
Take for example grain markets. We have been inundated over the last several months with news regarding soaring grain prices, world food shortages and food riots. But what does this mean? How can we as traders attempt to take advantage of this? When do we go long? Are we too late and will we end up buying at the top? What would our exit strategy be on the trade if the market goes against us? Where and how do we know when to take profits?
These are all crucial questions that any seasoned or new trader faces when trying to execute a trading plan. In this article, we will explore these questions further so that we can try to reduce our exposure and maximize our profit potential in these headline-making markets.
Continue reading Building A Long Term Position in Headline-Marking Markets
Cannon Trading respects your privacy and will never give this information to a 3rd party.
Disclaimer:
Trading commodity futures and options involves substantial risk of loss. The recommendations contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results. This is not a solicitation of any order to buy or sell, but a current futures market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!
Ever wondered if there are other ways to trade e-mini products other than the regular long, short with stops?
Many of you have heard of options and different trading techniques and the following presentation details another unique approach to trading: spread trading between stock index futures, both for short and long term (for example, mini NASDAQ vs. Mini SP500 or Mini Russell 2000 versus Mini SP midcap).
Topics covered include:
The presentation will display on your screen upon filling out the short form below.
Watch Spread Trading Strategies for Index Futures now!
Cannon Trading respects your privacy and will never give this information to a 3rd party.
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
|---|---|---|
| 05/15 Thu |
7:30 AM CDT - NY Empire State Index(May)
7:30 AM CDT - USDA Weekly Export Sales 7:30 AM CDT - Initial Claims-Weekly 8:00 AM CDT - Net Foreign Purchases(Mar) 8;15 AM CDT - Capacity Util & Indus Prod(Apr) 9:30 AM CDT - EIA Gas Storage 3:30 PM CDT - Money Supply |
LT: May Lumber(CME)
May GSCI(CME) Jun Crude Oil Options(NYM) |
| 05/16 Fri |
7:30 AM CDT - Housing Starts & Building Permits(Apr)
7:30 AM CDT - Dairy Products Prices 9:00 AM CDT - Michigan Sentiment-Prelim(May) 2:00 PM CDT - Cattle On Feed |
FN: May Lumber(CME)
May DJIA Options(CBT) May E-Mini S&P 500 Options(CME) May NASDAQ 100 Options(CME) May S&P 500 Options(CME) May Nikkei 225 Options(CME) May Eurodollar Options(CME) Jun Orange Juice Options(ICE) |
| 05/19 Mon |
9:00 AM CDT - Leading Indicators(Apr)
2:00 PM CDT - Corn Objective Yield Survey Data |
LT: May LIBOR(CME)
May Coffee(ICE) May US Treasury Bills(CME) May Eurodollars(CME) May LIBOR Options(CME) |
| 05/20 Tue |
7:30 AM CDT - PPI & Core PPI(Apr)
|
LT: Jun Crude Oil(NYM)
|
| 05/21 Wed |
9:30 AM CDT - API & DOE Energy Stats
1:00 PM CDT - FOMC Minutes(Apr 30) |
LT: Jun Platinum Options(NYM)
|
| 05/22 Thu |
7:30 AM CDT - USDA Weekly Export Sales
7:30 AM CDT - Initial Claims-Weekly 9:00 AM CDT - Existing Home Sales(Apr) 9:30 AM CDT - EIA Gas Storage 2:00 PM CDT - Cold Storage 3:30 PM CDT - Money Supply |
FN: Jun Crude Oil(NYM)
LT: May Feeder Cattle Options(CME) May Feeder Cattle(CME) |
* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.
** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.
*** This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!